4.6% the Average Increase of the Inflation Rate for April 2018

4.6% the Average Increase of the Inflation Rate for April 2018

The monthly report on inflation in Jordan issued by the Department of Statistics indicates that the Consumer Price Average (Inflation) reached 124.3 in April 2018 against 118.8 during the same month of 2017 recorded an increase by 4.6%.The main commodities groups, which contributed to this increase, were “Transport” by 1.28 percentage points “Cereals and its Products” by 1.08 percentage points, “Tobacco and cigarettes by 0.61 percentage points, “meat & poultry” by 0.58 percentage points and “Rents” by 0.43 percentage points. Meanwhile, the main commodities groups which witnessed a decrease in their prices were “Vegetables, Dried and Canned Legumes” 0.49 percentage points, “Clothes” by 0.09 percentage points, “shoes” by 0.01 percentage points and “sugar and its products by 0.01 percentage points.

The Consumer Price Average for April 2018 has increased by 0.2% compared with the previous month (Mar) 2018. The main commodities groups which contributed to this increase were “Transport” representing 0.14 percentage points, Fruits and Nuts” representing 0.08 percentage point, “Vegetables, Dried and Canned Legumes” representing 0.07 percentage points and “fuel and lighting” representing 0.02 percentage points. Meanwhile, the main groups which witnessed a decrease in their prices were “Yoghurt and its products and eggs” representing 0.04 percentage points, “meat & poultry” 0.02 percentage point and “ spices, food appetizers and other food items” by 0.01 percentage points.

The report also shows that the Consumer Price Average for the first four months of 2018 has increased by 3.9% compared with the same period of 2017. The main commodities groups which contributed to this increase were “Transport” representing 1.20 percentage points,